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Superannuation

Retirement Income Covenant a win for advisers - but for how long?

The long-awaited Retirement Income Covenant comes into effect tomorrow and, with super funds unable to consider members' personal circumstances, there's a view that its implementation could significantly impact the financial advice sector - but maybe not in the way you might immediately think.

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Read more: Retirement Income Covenant,  CoreData,  Alex Dunnin,  APRA,  Australian Institute of Superannuation Trustees,  Equipsuper,  Financial Planning Association of Australia,  Natixis Investment Managers,  Rainmaker Information,  Ruvinda Nanayakkara,  Scott Cameron,  Spirit Super